Africa Is Building A $6 Billion Megacity In The Sea
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- čas přidán 12. 06. 2024
- Eko Atlantic City also known as the Dubai of Africa is a great new megacity in the sea being built on Victoria Island next to Lagos Nigeria. Over the years, the city has evolved into housing one of the most expensive real estate locations in Africa. Join us today as we explore this billion dollar megaproject that has become one of the most discussed development projects in the world.
For more Mega Construction & Megaproject content be sure to subscribe to Billion Dollar Builds. Thanks for watching this video. #megaprojects #construction #engineering
0:00 Intro
0:31 What is Eko Atlantic City?
1:52 construction of the city
4:16 Different features of the city
6:27 Funding and Cost
7:19 Progress and Projections
8:30 Controversies and Challenges
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🤣I laughed so hard when I heard him say this is going to resolve the housing issue, yeah it will resolve the housing issues for the WEALTHY
100% agree.
yhe
Yep... 2000$/sq ft
Yes, poor people are going to move out the slum and by these million dollar appartements!!! 😂😂😂🤣
- but the project will create many thousand jobs and the tourism will keep bringing money for the Countries plus many new jobs as well... . Because - REALISTICALLY - how would You like to resolve current situation in Your opinion - or You do not have any idea and just blabling?
I love how Nigeria builds something new while letting the rest degrade even further. Why can't they just improve inland, instead of dividing rich with poor 😭😭😭😭😭
It is quite sad that this megaproject would possibly divide the rich and the poor. 😕
Facts, I’m Nigerian from Lagos and I never understood the point of this project when there’s so many problems
So you would all rather spend millions tp go to Dubai than have something similar just #1000 away?? Or do you think not building it would stop those with the money from going to buy such in Dubai?
@@dexzydadon Why are you comparing two fundamentally different societies???? I don't understand how Dubai has any similarities with Lagos, or United Emirates with Nigeria. 🤔🤨
@Thomas Gogashvilly Eko Atlantic City is a private project serving a good purpose. First , to prevent Lagos from being submerged by the Atlantic Ocean, and secondly a new city development.
I hope the Great Wall of Lagos will prevent the city from sinking, like many of Dubai's reclamation projects have experienced.
Otherwise, the reason for this megacity will be pointless because it wouldn't have solved the problem officials wanted to fix.
Where were you when the city of Lagos was about to be submerged by the Atlantic Ocean. We all live in fear then . Now the problem have not just being solved, a new beautiful city is emerging.
@@rotimikayode1072 Lagos has a lot of swamp forests why not build this there and Leave the most popular beach in Nigeria alone. Protecting a beach does not mean building skyscrapers on top. Tomorrow your kids will ask you why you destroyed Bar-beach and no lie will cover up for you attrocities.
@@onekycarscanners6002 Why degrade the remaining green zones in the state? Some are for resorts, farms, forests and beach fronts.
The wall is made by chinese company. So you already know it s low quality.
It will sink even faster than Dubaï !!!
Had no idea the entire continent of Africa came together to collab on this project
No dummy 💀
It's a Nigerian project. Which one is entire Africa?
@@michaelanthony4949 he's being sarcastic looking at the title of the video
@@patkay1538 thank you
@@michaelanthony4949 read the video title fool
I'm from Ghana but I'm very happy to hear this good news from nigeria .........big ups to Nigeria 🤛🏻
i hope many African countries do the same and swift to the development road. i am happy for Nigeria
If it is Nigeria it's a scam
I'm happy, now west Africa can shine 👍😍💜
West Africa has plenty big cities and tourists attractions. Also Nigeria will be the world's next super power.👍💯
shine how? Still not safe for women and LGBT. Theyre underdeveloped for a reason. No one wants to visit there lmao
This is the best video I have seen about Eko Atlantic city and best explanation and clear reasons why the project has been slow. And all y'all criticizing the project can y'all let the project go on in peace?. If it has no economic benefit to our country we won't be building. This is a private sector initiative not the Nigerian government.
It's a beautiful future in Nigeria A beautiful and wonderful future and good luck Nigeria is a creative future
But also they have too remember to keep their ansestor happy by not throwing away their culture .
@@madizm05 you mean the mud huts ???
beautiful future of sexism and homophobia and bad treatment of the poor
@@ikafmedia2007 yoruba religion,a pagan religion
@@waefawawrgaw2835 homophobia is the best thing to ever happen to Africa. Deal with it!!!
Our people need to build, to build great and boldy!
Impressive. But perhaps out of reach of 99% local residents.
True. The city is being designed to encourage more foreign investments.
Bcos in your mind you think the whole 99% is poor as usual.
@@Danorous realistically, how many average Nigerians can afford to live here?
Every country have poor people
Yes but not every country has such a massive gap. I'd hate to be the wealthy sitting duck on that island.
How do you build huge skyscrapers on a foundation of sand? One developer tried this in San Francisco and the building has sunk a foot so far and is leaning! "The Millenium Tower building does continue to settle at a rate of about one half inch per year and to tilt at a rate of about three inches per year,” Hamburger told the city supervisors' government oversight and audits committee on Jan. 6 of this year.
Wow so amazing video
Well it’s a good idea on the paper but ocean rise is coming rapidly I hope they have taken this into consideration and their plans 😮
spoiler : no
they are building a sea wall but they need some sort of canal system to direct water flow
@@hharvv4245 did you see these canals there? They exist mate....+ underground drainage system.....the developers took everything into consideration before embarking on this project.
Beautiful and interesting video! Thank you for sharing!
Great video!
Cool I alway’s love seeing thing’s like this
GOD bless Africa and Nigeria
This is an amazing opportunity and definitely what Nigeria needs. I see comments talking about poor people, but every country has them. So are we supposed to shame Nigeria going upscale and to never build any world class development? China has lots of poor people, but they build. The Middle East has lots of poor people, but they built up Abu Dhabi and Dubai. This project can bring in lots of foreign money which will infuse the local economy and help bolster the tax base. It would also have the potential to bring in high paying tourists. As the population in Nigeria continues to explode, knowing that there are sections that are world class better helps to promote the city and put it on the world map for destinations.
As far as dividing the rich and the poor, they are already divided, so I don't know what is meant by that. In every culture I've seen worldwide, rich and poor simply do not live together in the same neighborhoods.
The one thing I do not like about this project is the heavy involvement with China. As always, numerous African countries take on massive debt to give to China to take control. I truly wish they could give the construction contracts to local workers, however maybe there's a lack of skilled workers or a lack of a Nigerian owned construction company that is capable of such a large project? I don't know. Would be interesting to see the bids for the contract.
True, every country has a wealth gap between economic classes. They are already divided. You seem to recognize this is a problem, but for some reason, you don’t think fixing it is a good idea? Upper class development is good, like you say, but there are far, far bigger issues plaguing Nigeria than a lack of upperclass development.
I love how Nigeria is achieving theses years: czcams.com/video/EdoZMurKQJA/video.html
Brain Odom,very fair and and honest comment,well said 👍
@@citrustaco tbh, it’s a business world. I think Nigeria can don’t give the Chinese the projects. But whoever quote the least costs, can deliver ahead or on time, has the necessary know how will definitely get the job.
Recent times most countries take up Chinese companies’ quotations, not just African countries. So long they deliver the dollar-sense, surely they will get it. Gone are the days where Western countries and Japanese held the know-how in large scale projects, at exorbitant prices.
Even in Southeast Asia, Indonesia, Philippines, Malaysia, East Timor, Cambodia, Laos and even my country Singapore, we see more and more Chinese companies winning contracts. Dollar-to-dollar, they indeed makes more sense.
This video was very well make like always,
Be safe fellas,
Great presentation
They truly need it in Africa, it's so many hassles, of crowds, They need room❗ God bless them, and I hope, it helps a lot of their people, with job❗👍👍👍👍👍 God bless 😊💕💕😘
It's a good news for Africa
"Akon City" , i do want to make business there one day and vacations. Thanks for the video about this country, love to africa 💪😁👌
hope you enjoyed the video. appreciate your comment!
Won't be built for 20yrs if at all #scam. No construction going on now. USA is supposed to make the most expensive embassy in the world their. It's a abandoned island/panensula
Akon city scam
I live down the street in oniru estate vi lagos
@Andrei he is talking about the one that Akon said he is building
Very sensible considering todays rising sea levels
That's a government scare tactic to gain control
Nice
Congratulations Nigeria
Go go go Nigeria
Great
Great content as always!
thank you! appreciate your comment :)
It’s really a good moved Nigeria .
Sky high
Interesting location for a futuristic city
Let's build our own Dubai in africa
? goúd?
Awesome bruv 👍🏽..
Thx u 🙌🏽 💀 😤 ♎️....
Spread love
Welcome to the future cities,
In Africa,
Matatan.🤔.
Ribirin Hs,
Nature reclaim place back to the ocean😇😇😇
"Cool" - My Thought.
Shouldn’t the title include Nigeria. Africa is a continent not a general country!
Many in that part of the world think Africa is one country and lack basic knowledge in geography.
Wow
End corruption and poverty first, then Nigeria will shine!⚠️
This is where investors should put their money. Especially Russian Oligarch, putting money in western countries can be big time headache because they can take you money for any reason they see fit whenever they want.
Love from Jamaica 🇯🇲
These small nations will spend billions of dollar on such extravagant projects, but are not ready to spend a penny on solving their current problems!
Did you just call Nigeria a small nation?. You must be kidding. The nation has 214 million people, rich in oil and agriculture. Has some of the most educated people on earth. And one of the nation tipped to be among top 10 richest nations by year 2020. Nigeria is not ur countrys mate
@@Danorous It is also a nation with a literacy rate at 60% (so much for the most educated people on Earth ^^), a life expectancy of 55.4 years at birth currently (in the bottom half of the world) and one of the worst gini score and human dev index (0.54)
So yeah it is populous and has some oil, but it is mostly poor (only a few got rich with oil), uneducated and underdeveloped. It is a ressource ploutocracy. Once oil runs out, it will be a wasteland.
Every country have problems, leave Nigeria alone
Exactly ❗
It’s private project not government own
Wow, this is fantastic! I hope they will manage it! Fingers crossed! Greetings from Poland! A new friend here 🤝
Hi
Hello
In my fictional world, This project already finished and successful
I WAS THERE IN 2018, 2019 & 2021...WONDERFUL PROJECT 🏙 🛣 🌉 LAGOS NIGERIA IS BEAUTIFUL 🇳🇬
Angola should follow the same route of development
The Angolan economy is bankrupt. On Nov. 11, 1975, we had a surplus economy, and less than five centuries later, the country is bankrupt; see Sonangol, Endiama, etc.: do Angolans still own the government?
These really is giving lots of we Nigerians hope let’s see how it goes
With China it's sure hopeful.... They are guys with new innovations in all sectors of tech..
They'll do it to prove a point to the W. 😀😀😀
The entire continent is building it or just Nigeria??? And FYI the project is currently paused due to foreign investors pulling out
It's going to a Titantic.
Será que é uma prioridade para o país? O País é grande, não haveriam outros locais onde o custo com manutenção e construção não fossem tão altos e dessa forma poderia-se fazer muito mais com o mesmo dinheiro?
Bode Maxwell • 1 min ago
The Victoria Island in Lagos was at the risk of being swallowed up by the Atlantic Ocean surging
inland annually. In fact, more than 50% of the coastal road connecting the island to the rest of
Lagos was already submerged by the waters of the Ocean. The federal government of Nigeria
was spending heavily to save the prime estates located along the beach of Victoria Island. That
was until Lagos under the leadership of Bola Ahmed Tinubu conceived the idea of Eko Atlantic
City, to not only stop the savage and relentless onslaught of the Atlantic Ocean on the
beachfront, but also create a new business district right inside the Atlantic to relieve the
pressure for space on the Victoria Island. As we speak, the American Embassy in Nigeria is
building its largest consulate anywhere in the world in the new city. It will cost 537 million USD
to build it, providing jobs and business opportunities for the locals. Elsewhere, those shedding
crocodile tears here will call it brilliant. We true Lagosians actually call it so. Those who want to
"sun kun egbere" are free to do so. Victoria Island has been rescued from the incessant and
destructive annual flooding. A new city is emerging from the depth of the Ocean, but perennial
and irredeemable wailers are wailing. Isn't God good?
Am gonna want some of the stone work
Wow! Really impressive, but look at how people dieing from hunger on a daily basis but yet still they can create island that is luxurious
I thought it was halted. I'd prefer if this video gives real time update than what it is projected. This can pump your imagination but years have gone by and nothing.
i view it as a vanity project honestly
🌍💙
Các a chị Lý đi nước ngoài du lịch trôn luôn à. Có tiền chôn luôn à. 👌
It's good and Fantastic but take care the Resident people around the SEA
👍 👍
I seen this in a magazine in jail 6 yrs ago I thought it would never be build and about time I hear about it
I live in South Africa and have never heard of this.........
I hope for nothing but success........but I truly hope they do something serious about the have little and nots in the mainland.
@9:30 "sea" ⛵🌊 you in the next video 😏 lol
😍
😯😯😯😯😯😯💯💯💯
❤❤
It sounds like too much for the wealthy and too little for the poor. It’s bad inough that colonization took so much from the Nigerian population. Now Nigerians themselves are ignoring their own poor population.
This is always the case with future smart cities. They are not inclusive nor equitable.
Nigeria isn't a democracy. It's rulers have a lot of money. So much that they are literally throwing it to the sea with such project.
Yet the people are poor an this project won't benefit anyone. What a waste.
Are there no poor people in your country ?
New building construction / infrastructure for INVESTMENT Call center Industry
Africa is a continent.
👍👏👍
😮
I am not surprised to hear of the sad serious side effects alredy being experienced from this project. This is the result of limited physical planning which is so common throughot the world. It is of that which concentrates only on the project site and eafnings to be derived thereof. I sincerely hope that this project will redound to great
SOCIAL BENEFITS of all Nigerians which will be reflected in a high standard of education from preschool to secondary/high school to feed Nigeria's colleges and universities with the best designed and built schools and with the highest trained teachers.
Every econonomic area of government investment must be for the national social development.
Do not fail like the 100b usd forest city of malaysia. Good luck.
2:09 *Well... we can all see where that's gonna lead Nigeria to...*
Keep the gentles out
Yes Nigeria w
While their people are dieing of hunger and less hospitality🥲😭 African liders GOD is Watching you...!!!!!😭😭😭😭
1 sq ft for 2 000 $???? Tooooo much the price is crazy! It is for Europeans who measure in sq metres like, 11 sq ft = 1 sq m. Means 1 sq m is for 22 000$. I am not surprised that no-one wants to buy land there. Price is 2 times bigger than in Paris most luxury areas and +50% of prices in London or +75% price in Singapore.
Today September 2022 in the entire world only land in Hongkong has higher price per sq m for land.
Anyway I have also big doubts about the Great Wall of Lagos because it only supposed to prevent coastal erosion and flooding, I don't believe that will work there. This is open ocean, not just a sea around.
It's pure speculation. People investing in this have so much money that they don't really care about the price. It's just an outlet to excess money, just like NFTs, Art pieces etc...
Progress is Great. The poor should always be included. If there are 250 Apartments or homes, Luxury or Not, 80 should go to poor Families. They should've trained to live there to avoid conflict. Costs must be based on their resources.
Buy land in Atlantic city and give it to the 250 poor families, they will take it from you and probably sell it off to those who can afford the cost of living there
No there are poor people in every country
Has anyone considered the dangers of the ocean? What happens when the waves pick up?
Game over
Did you listen to the documentary at all? All that were put into account and it took years of experiments to come up with this project after all, the entire Amsterdam was built on top of water and it hasn't sunk yet.
Wow when did Africa got so rich...
they need to higher the new land in see because sea levels will rise in the future
The city looks to be very car dependent. I wonder what the public transportation looks like?
It’s good over there
what about the NAC?
africa é continente, da proxima diga o pais
They better restudy the ground work on this .Water never looses it s path.
The drainage must be high tech to sustain the island 😅to provide more energy efficient solutions to improve the environment and protection of the new environment.????.????😅🎃
This country really is promising how for devolopiment for tanks
Lo9ks great but 2 hard 2 reach 4 the many
Just say Nigeria. Africa is a diverse continent with thousands of cultures, hundreds of languages, and dozens of nations. The country is Nigeria, so like… say Nigeria.
It’s in Africa, what’s your point
It looks like it's inspired by the Euphrates....
I doubt if this will come to fruition.
What about centeracity in abuja
🔔
no wonder the sea lvl rising
I mean that shit is cool as fuck but with Water levels rising isnt that a shot in your own foot?
And we know this won't raise sea levels at all. That's a big plus.
City Sun
Wakanda.